Common use of Distributions Following Acceleration Clause in Contracts

Distributions Following Acceleration. If the 20 - Exchange Note is accelerated due to an Exchange Note Event of Default, all funds available for distribution under Section 5.1(a) will be paid, first, to the Collateral Agent and, second, to the Administrative Agent, in each case, to the extent of any amounts due under Section 8.6 of the Credit and Security Agreement relating to the 20 - Exchange Note or the 20 - Reference Pool, if those amounts have not been paid by the Borrowers, before making payments under Section 5.1(a).

Distributions Following Acceleration. If the 20 - Exchange Note is accelerated due to following an Exchange Note Event of Default, all funds available for distribution under Section 5.1(a) will be paidapplied, first, to the Collateral Agent and, second, to the Administrative Agent, in each case, to the extent of any amounts due under Section 8.6 of the Credit and Security Agreement relating to the 20 - Exchange Note or the 20 - Reference Pool, if those amounts have not been paid by the Borrowers, before making payments under Section 5.1(a).

Distributions Following Acceleration. If the 20 - Exchange Note is accelerated due to an Exchange Note Event of Default, all funds available for distribution under Section 5.1(a) will be paidapplied, first, to the Collateral Agent and, second, to the Administrative Agent, in each case, to the extent of any amounts due under Section 8.6 of the Credit and Security Agreement relating to the 20 - Exchange Note or the 20 - Reference Pool, if those amounts have not been paid by the Borrowers, before making payments under Section 5.1(a).

Distributions Following Acceleration. If the 20 - 20__-__ Exchange Note is accelerated due to an Exchange Note Event of Default, all funds available for distribution under Section 5.1(a) will be paid, first, to the Collateral Agent and, second, to the Administrative Agent, in each case, to the extent of any amounts due under Section 8.6 of the Credit and Security Agreement relating to the 20 - 20__-__ Exchange Note or the 20 - 20__-__ Reference Pool, if those amounts have not been paid by the Borrowers, before making payments under Section 5.1(a).